A larger-than-expected slowdown in inflation bolstered bets that the Fed would cut interest rates as early as March, but Nike's sharp drop in its full-year outlook weighed on sentiment and the three major U.S. indexes ended the eighth straight week with gains, the first for the S&P since 2017 and the first for the Dow since 2019.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments